German state-owned investment and development bank KfW has launched the world’s first financing platform for tailored financing of infrastructure for green hydrogen and its derivatives. Together with the Federal Ministry for Economic Cooperation and Development (BMZ) and the Federal Ministry for Eco
The European Union (EU) and Egypt have taken a step further to bolster their cooperation on the clean energy transition by establishing a strategic partnership on renewable hydrogen. The EU and Egypt signed a bilateral memorandum of understanding (MoU) on a strategic partnership on renewable hydroge
Singapore has revealed its plans to invest SGD 129 million (nearly $94 million) in low-carbon energy research (LCER) in 2022 to help import, handle and utilise hydrogen safely and at scale. The announcement was made by Low Yen Ling, Minister of State, Ministry of Culture, Community and Youth & Minis
ECOnnect Energy has signed a contract with Tree Energy Solutions (TES) to deliver IQuay infrastructure for gas import to Wilhelmshaven port in twelve months in a bid to bolster Germany’s energy security. The contract follows the earlier announcement that the TES Wilhelmshaven gas import terminal was
A new report by the Tyndall Centre at the University of Manchester, which highlights the role of the shipping sector in transporting green fuels, is urging governments to create far stronger national policies on low-carbon fuels in order to bridge ‘a yawning gap’ between government-led projects and
International Renewable Energy Agency (IRENA) and American General Electric Company (GE) have signed a framework agreement to collaborate on a plan which will support both climate change and energy security. The agreement, signed at the COP27 in Egypt, will see IRENA and GE collaborate across severa
Africa has the potential to capture as much as 10% of the global green hydrogen market, helping to create up to 3.7 million jobs and adding as much as $120 billion to the continent’s gross domestic product (GDP), according to a new report by Abu Dhabi’s renewable energy company Masdar. The landmark
Shipping organizations and initiatives across the shipping value chain, joined by the largest producers of green hydrogen, today signed on to a joint statement at COP27, committing to the rapid and ambitious production and use of low-carbon fuels based on green hydrogen to accelerate shipping’s deca
Norway’s cleantech company TECO 2030 has received a NOK 100 million (approximately $10 million) investment from US-based SunHydrogen, a developer of technology that uses sunlight and any source of water to make renewable hydrogen. Currently under development, SunHydrogen’s technology utilizes a nano
Namibia, one of the world’s sunniest countries, is investing strenuous efforts in exploiting its abundant natural resources to produce renewable energy, most notably green hydrogen, and position itself as a renewable energy hub. “Namibia is comfortable with being a first mover in an industry that is
Dutch-Norwegian company SolarDuck has been awarded a contract for the world’s largest hybrid offshore floating solar power plant at the offshore wind park Hollandse Kust West VII in the Netherlands.
With COP27 in full swing, governments have set out an action plan to scale up decarbonisation efforts, says IRENA.
The Philippines’ President, Ferdinand R. Marcos Jr., has given the country’s Department of Energy (DOE) the green light to move forward with its plan to explore and develop the offshore wind potential as a source of clean and sustainable energy, and electricity for green hydrogen production. The Dep
Korean shipping company KSS Line has signed an agreement with Samsung C&T, the construction and trading arm of Samsung Group, for the maritime transportation of clean hydrogen and ammonia, the Korea Economic Daily reports. Under the terms of the deal, Samsung’s trading arm would build supply for the
